BF, subscribed capital increase to 79.35%

Alto Garda Servizi completed the purchase of OPEN PIEMONTE

(Finance) – During the period of option offering of the New Shares to holders of ordinary shares BF, started on 13 November 2023 and ended on 30 November 2023, inclusive, with reference to the paid capital increase of BF, in a divisible manner, for a maximum amount of €299,295,304 and with the issue of a maximum no. 74,823,826 BF ordinary shares were exercised. 148,436,020 option rights
and, consequently, n. 59,374,408 New Shares, equal to 79.35% of the total New Shares offered, for a total amount of Euro 237,497,632.

At the end of the Option Period, no. 38,623,545 option rights relating to the subscription of a total of no. 15,449,418 New Shares, equal to 20.65% of the total New Shares offered for a total amount of Euro 61,797,672.
The Unexercised Rights will be offered by BF on the regulated Euronext Milan market in the sessions of 11, 12 and 13 December 2023, subject to early closure of the Offer on the Stock Exchange in the event of full sale of the Unexercised Rights.

The Unexercised Rights may be used for the subscription of the New Shares, at the subscription price of Euro 4.00 for each New Share (of which Euro 1.00 to be attributed as capital and Euro 3.00 to be attributed as a premium ), in the report of n. 2 New Shares every n. 5 Unexercised Rights purchased.

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